Fintech PR
Exyte with robust 6M/2023 results: sales growth of almost 11% to 3.7 billion euros year-on-year
- Sales increased by 10.6% year-on-year, totaling €3.7 billion
- Adjusted EBIT grew by 2.5% reaching €207 million, adjusted EBITDA rose by 4.5% to €232 million
- Order intake amounted to €3.5 billion
- Sales of around €8.0 billion expected for 2023
- Exyte signed share purchase agreement to acquire pure media specialist Intega
STUTTGART, Germany, Sept. 5, 2023 /PRNewswire/ — Exyte GmbH (Exyte), a global leader in the design, engineering, and delivery of high-tech facilities, accomplished sound financial results in the first half of fiscal year 2023.
In the first six months of 2023 Exyte recorded a growth in sales of almost 11% to €3.7 billion (6M/2022: €3.4 billion). The order intake totaled €3.5 billion (6M/2022: €4.7 billion). Moreover, an increase in financial earnings was achieved with an adjusted EBIT of €207 million (6M/2022: €202 million) and an adjusted EBITDA of €232 million (6M/2022: €222 million). The adjusted EBIT margin and the adjusted EBITDA margin are slightly below last year’s figures reaching 5.6% and 6.2% respectively. The substantial order backlog of around €6.4 billion ensures Exyte’s future profitable growth.
“In the first half of 2023 we were able to pursue our growth path with solid sales growth and increased financial earnings. Moreover, we were awarded with several key projects all over the world in all our business segments. This shows that Exyte’s strong emphasis on megatrend-driven industries and its customer-centric strategy places the company in an advantageous position to maintain its growth momentum even amidst global economic uncertainties,” says Dr. Wolfgang Büchele, CEO of Exyte.
Financial year 2023: Positive outlook confirmed
“We see that our markets are currently shifting regionally. While semiconductor factories have been built almost exclusively in Asia in recent years, many large-scale projects in the field of semiconductors and battery cells are currently being prepared or are already in implementation especially in the USA and Europe, also driven by government subsidies. This development is reflected in Exyte’s current order and business development,” Büchele continues.
Exyte’s outlook for the remainder of the financial year 2023 is positive, as the company will continuously pursue its ‘Pathway to Ten’ with expected sales of around €8.0 billion by the end of this year and envisaged sales of €10.0 billion by 2027. Order intake is expected around the same high level as in the previous year.
Development of business segments: strong demand in battery cells, high potential in US data center market and additional acquisition for vertical integration
In the first six months of 2023, all business segments contributed to Exyte’s sales growth. The differences in incoming orders are due to specific market developments in the respective industries and are taken into account accordingly in Exyte’s business planning.
In 6M/2023 sales generated in the Advanced Technology Facilities segment grew by around 8% to €3.1 billion year-on-year (6M/2022: €2.9 billion). The business segment is currently executing large-scale semiconductor projects in all geographies. After a particularly strong prior-year period, Exyte achieved an order intake of €2.9 billion (6M/2022: €4.2 billion). Amongst others Exyte has been awarded major semiconductor projects in Germany and the US.
Exyte also continues its success in the business with gigafabs for battery cells. In Europe, Exyte meanwhile is involved in the construction of several new gigafabs. The customers are German vehicle manufacturers, an Asian battery manufacturer and a consortium of vehicle manufacturers with an energy company. In addition, Exyte is in talks with other vehicle manufacturers and technology companies as well as with start-ups working on the next generation of battery cells.
Sales of the Biopharma & Life Sciences business segment slightly increased to €293 million (6M/2022: €291 million). Major projects are currently being implemented in Germany, Malaysia, and Singapore. The segment saw a significant rise in incoming orders of more than 30% reaching €368 million (6M/2022: €283 million). The remarkable growth in order intake is based on large projects in Singapore and Denmark awarded by two leading global healthcare companies.
The Data Centers segment accomplished a record in sales with €251 million, more than doubling last year’s sale (6M/2023: €114 million). This sales development is driven by multiple projects for blue-chip software and technology companies in Denmark, Israel, Malaysia, and Taiwan. The order intake amounted to €124 million (6M/2022: €233 million).
To accelerate the growth of the company’s Data Centers business segment and to meet 2027 revenue targets, Exyte has decided to also enter the US data center market. There, the company wants to take advantage of the local data center industry’s growth. “The data center industry in the US is experiencing rapid growth, with increasing demand for reliable and scalable infrastructure to support digital transformation. We are convinced that Exyte, with its experience and technological know-how, can offer its clients innovative solutions for sustainable and high-performance data centers,” Büchele explains.
The Business Area Technology & Services consisting of several entities providing cleanroom technology, critical equipment for subsystems as well as installation services and offsite manufacturing (OSM) recorded an increase in sales of around 22% to €438 million (6M/2022: €360 million). Moreover, incoming orders rose by close to 9% to €599 million compared to previous year (6M/2022: €552 million). The positive development of CPS Group in the US contributes substantially to this success.
Exyte continues to strengthen its business in the area of mission-critical equipment and installation services. To this end, Exyte recently signed agreements to acquire Intega GmbH, a specialist in high-purity media supply systems. “With the acquisition of Intega, Exyte advances its strategy of vertical integration. The acquisition is the next important step in growing the competence in the area of critical sub-systems for advanced technology facilities, especially for the semiconductor industry. In addition, Intega will act as a nucleus for Exyte’s European service activities,” says Büchele. The transaction is subject to the required approvals by anti-trust authorities.
Key financial figures at a glance
|
6M/2023 |
6M/2022 |
Change 2023 vs. |
||||
|
Order Intake |
€3.5 bn |
€4.7 bn |
-26.6 % |
|||
|
Sales |
€3.7 bn |
€3.4 bn |
+10.6 % |
|||
|
Adjusted EBITDA |
€232 m |
€222 m |
+4.5 % |
|||
|
Adjusted EBITDA Margin |
6.2 % |
6.6 % |
-0.4 PP |
|||
|
Adjusted EBIT |
€207 m |
€202 m |
+2.5 % |
|||
|
Adjusted EBIT Margin |
5.6 % |
6.0 % |
-0.4 PP |
* The percentage is calculated based on the values in million.
For more details about our 6M-results 2023 please visit our website.
About Exyte
Exyte is a global leader in the design, engineering, and delivery of ultra-clean and sustainable facilities for high-tech industries. With cutting-edge expertise developed over more than a century, the company serves clients in the sophisticated markets of semiconductors, battery cells, pharmaceuticals, biotechnology, and data centers. Exyte offers a full range of services from consulting to managing the implementation of turnkey solutions with the highest standards in safety and quality to its customers worldwide. Exyte creates a better future by enabling key industries to enhance the quality of modern life. In 2022, the company generated sales of €7.4 billion with around 9,000 employees worldwide.
Contact
René Ziegler
Vice President Corporate Communications
& Investor Relations
+49 711 88044606
+49 172 5838786
[email protected]
www.exyte.net
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View original content:https://www.prnewswire.co.uk/news-releases/exyte-with-robust-6m2023-results-sales-growth-of-almost-11-to-3-7-billion-euros-year-on-year-301916997.html
Fintech PR
CGTN: Hainan’s Message to the World: CGTN’s Exclusive Interview with Governor Liu Xiaoming
BEIJING, March 11, 2025 /PRNewswire/ — A Historic Milestone for Hainan
The Hainan Free Trade Port (Hainan FTP) is approaching a historic milestone with the implementation of independent customs operations, a key objective outlined in the Master Plan for Building the Hainan Free Trade Port. This achievement marks a fundamental and symbolic step in Hainan’s ongoing development, as the initiative has been written into the provincial government work report for seven consecutive years. Chinese President Xi Jinping has emphasized the importance of this initiative, stressing the need for a smooth, orderly, and risk-free transition.
In an exclusive interview with CGTN’s Liu Xin, Mr. Liu Xiaoming, Governor of the Hainan Province, confirmed that preparations are well underway to ensure a smooth and successful transition before the end of the year.
Contrary to misconceptions about isolation, the customs framework follows a “front line open, second line controlled, and free movement within” model. This structure facilitates international trade while maintaining necessary regulatory oversight between Hainan and the mainland.
“Progress has been smooth, with five major systems – policy, infrastructure, risk control, industry, and organizational support – gradually taking shape,” said Mr. Liu. “We are ready.”
A Business Environment Open to the World
Beyond customs operations, Hainan is committed to enhancing its business environment, recognizing it as a “golden ticket” to success. Efforts have been made to develop a market-oriented, law-based, and globalized business environment. Hainan has taken a national lead in streamlining government services, introducing a one-stop enterprise service platform with smart policy matching, credit repair, and regulatory support. Foreign enterprises registered in Hainan enjoy equal access to these services.
Addressing concerns about foreign investors’ experiences in Hainan, Liu Xiaoming emphasized the importance of improving internet access and payment convenience. Policies have been implemented to facilitate smoother transactions and daily life for foreign businesses and residents.
Strategic Industries Driving Growth
The province has focused on four key industries: tourism, modern services, high-tech industries, and tropical agriculture. The combined share of these sectors in Hainan’s economy has increased from 52.4% in 2018 to 67% in 2023. Additionally, Hainan has embraced five strategic directions: agriculture, maritime, aerospace, green development, and the digital economy.
Maritime development, in particular, stands out as a priority. “Harnessing the power of the ocean” is a key initiative for Hainan, which oversees about 2 million square kilometers of ocean, mostly deep sea. With nearly 1,000 enterprises and research institutions already engaged in deep-sea technology and marine industries, Hainan’s maritime economy has maintained double-digit growth, contributing to over one-third of the province’s GDP. Plans are underway to further expand deep-sea energy, high-end equipment manufacturing, offshore aquaculture, marine biomedicine, and maritime tourism. “Our goal is to create a ‘new Hainan on the sea’ within the next decade,” Liu Xiaoming stated.
Leading the Way in Green Development
In addition to economic development, environmental sustainability remains a top priority. Hainan is recognized as having the best ecological environment in China.
A prime example of Hainan’s green initiatives is the Bo’ao near-zero carbon demonstration zone. Through energy-efficient building renovations, renewable energy replacements, and agro-photovoltaic systems, carbon emissions on Dongyu Island, a permanent site for the Bo’ao Forum for Asia, have been reduced by 96.2%. The German Energy Agency has certified this as China’s first regional near-zero carbon demonstration zone.
With independent customs operations on the horizon, ever-improving business environment, strategic industrial development, and firm ecological commitments, Hainan is poised to become a global leader in trade, innovation, and sustainability. The Free Trade Port’s future promises dynamic growth and increased international engagement, ensuring that its development aligns with both national goals and global economic trends.
Video – https://www.youtube.com/watch?v=OjUOwbyLbJY
View original content:https://www.prnewswire.co.uk/news-releases/cgtn-hainans-message-to-the-world-cgtns-exclusive-interview-with-governor-liu-xiaoming-302397957.html
NICOSIA, Cyprus, March 11, 2025 /PRNewswire/ — Global iGaming platform BC.GAME has announced plans to expand upon its first esports team led by a quintet of world-class players. The BC.GAME ESPORTS team will compete on the global stage in 2025 against the world’s best CS2 players and be complemented by the formation of new BC.GAME teams.
The creation of BC.GAME ESPORTS in 2024 has expanded the BC.GAME brand and spotlighted the platform’s innovative iGaming offerings. In the process, it’s raising the profile of the five acclaimed CS2 players who will compete for top prizes in major tournaments in 2025 and beyond.
Tactical FPS game Counter-Strike 2 (CS2) is one of the world’s most popular esports games, attracting international teams that compete for millions of dollars in prize money. The BC.GAME ESPORTS team is composed of CS2 pros jkaem (Norway), nawwk (Sweden), Cypher (UK), pr1metapz (Germany), and Nexa (Serbia). Their combined skill and experience have equipped the team to challenge for prizes on the CS2 circuit.
Since forming in 2024, BC.GAME ESPORTS has already secured the Euproleague S17 Championship, United21 S23 Championship, and qualified for IEM Dallas 2025, making a bold statement on the international stage. At the IEM Dallas 2025 Europe Closed Qualifier, BC.GAME ESPORTS’ jkaem ranked second in player ratings (1.43), showcasing the team’s exceptional form.
30-year-old jkaem, who serves as team Rifler, boasts over 190,000 followers and a CS2 K/D (kill/death) ratio of 1.23. Four team members have a positive K/D ratio, with their credentials burnished by their coronation as Euproleague Season 17 Champions.
The early success of the BC.GAME ESPORTS team lays a strong foundation for further tournaments in 2025 while supporting BC.GAME’s broader goals of integrating crypto and esports. Through mainstreaming decentralized gaming economies, BC.GAME aims to unlock new experiences for players and fans alike.
While supporting its core CS2 team as the year progresses, BC.GAME ESPORTS plans to expand into more esports titles and collaborate with global teams and tournament organizers. In doing so, it aims to establish itself as the most influential esports brand in the Web3 era.
About BC.GAME ESPORTS
Founded in 2024, BC.GAME ESPORTS is an esports organization committed to global brand development and building authentic connections with the gaming community. Its CS2 team, formed of five of the world’s best Counter-Strike 2 players, has already enjoyed early tournament success. As BC.GAME ESPORTS expands into other esports, its founding team will be complemented by additional players that will challenge for top prizes while inspiring a new generation of gamers.
Learn more: BC.GAME ESPORTS
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View original content:https://www.prnewswire.co.uk/news-releases/bcgame-team-compete-for-top-prizes-as-bcgame-esports-expands-its-line-up-302397808.html
Fintech PR
Alibaba’s Accio Hits 1 Million Users, Unveiling New AI Features to Empower SMEs in Global Trade
Leveraging Reasoning models to Simplify Market Entry and Global Sourcing for SMEs
HANGZHOU, China, March 11, 2025 /PRNewswire/ — Alibaba International Digital Commerce Group (“Alibaba International”) announced today that its artificial intelligence (AI)-driven business-to-business (B2B) search engine, Accio, has surpassed 1 million users within five months of launch. To further empower small and medium-sized enterprises (SMEs), two new features—Business Research and Deep Search—are now available, offering AI-driven solutions for market entry and global sourcing.
Recent AI Momentum at Alibaba
Accio is an AI-native application designed to simplify global trade for SMEs. Built on Alibaba’s foundational technologies—including the Qwen large language model available as open-source—Accio leverages reasoning models fine-tuned with real industry data across the internet. These models power Accio’s multilingual capabilities and ability to generate precise market insights and actionable sourcing strategies.
“Reaching 1 million users is just the beginning. Our goal is to consistently refine our toolkit, enabling SMEs to seamlessly integrate AI functionalities into their workflows,” said Kuo Zhang, President of Alibaba.com, a leading platform for global B2B e-commerce and a business unit of Alibaba International. “With the enhanced Accio, anyone can now turn vague product ideas into actionable plans in minutes, not months. Everyone can get a shot at becoming an entrepreneur.”
Business Research: From Insights to Execution
Accio’s Business Research streamlines market analysis by automating labor-intensive tasks like data collection and trend tracking. Instead of juggling scattered reports, users input broad goals—such as launching a product in a new region—and receive structured, real-time reports on consumer demand, pricing trends and competitive landscapes. The tool identifies high-potential niches, and even generates ready-to-use business plans with cost estimates and supplier recommendations. This allows SMEs to act swiftly on opportunities without months of groundwork.
Deep Search: Precision Sourcing, Simplified
Deep Search tackles the complexities of global sourcing by adapting to intricate requirements—whether technical specs, certifications or budget constraints. If a query yields few results, it will intelligently refine searches using synonyms or industry terms, mimicking procurement experts. The feature also vets suppliers for compliance and reliability, delivering AI-curated shortlists in minutes. By translating decades of Alibaba’s trade data into an intuitive interface, it empowers newcomers to source like seasoned professionals.
Revamping Global Trade with AI
A recent Alibaba.com survey of over 4,000 sourcing decision-makers across the US, UK, Germany and France revealed that nearly 64% plan to integrate AI into their sourcing strategies by 2025. Their top motivations include long-term business growth, efficiency improvements and cost reductions.
With global trade projected to exceed $33 trillion in 2024[1], businesses are increasingly adopting advanced technologies to stay competitive. Tools like Accio address this need by simplifying AI adoption.
Alibaba.com is also undergoing a comprehensive upgrade to incorporate Accio’s capabilities, empowering its 50 million SME buyers and sellers to identify business opportunities and connect with trustworthy suppliers.
To try the new product, please visit: Accio.ai or Accio.com
# # #
About Alibaba International
Alibaba International Digital Commerce Group (Alibaba International) is dedicated to supporting the development of global digital trade with AI-powered technology. It operates various platforms with distinctive business models, covering multiple countries and regions around the world.
Media Contact
Lingnan Cui
Alibaba International
[email protected]
View original content:https://www.prnewswire.co.uk/news-releases/alibabas-accio-hits-1-million-users-unveiling-new-ai-features-to-empower-smes-in-global-trade-302397145.html
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